Associate Forfaiting amp Receivables Operations Fixed Term Contract
Associate Forfaiting amp Receivables Operations Fixed Term Contract

Associate Forfaiting amp Receivables Operations Fixed Term Contract

London Temporary 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to manage receivables and provide top-notch service to our bank's customers.
  • Company: Bank ABC is dedicated to equal opportunity and fostering an inclusive workplace.
  • Benefits: Enjoy a full-time role with a fixed-term contract and opportunities for professional growth.
  • Why this job: Gain hands-on experience in trade finance while working in a supportive team environment.
  • Qualifications: Basic Word and Excel skills; previous trade finance experience is a plus.
  • Other info: We welcome applicants from diverse backgrounds and are committed to accessibility.

The predicted salary is between 36000 - 60000 £ per year.

Job Title: Associate Forfaiting & Receivables (Operations / Fixed Term Contract) Location: London U.K. Department: Operations Employment Type: 12 Months Fixed Term Contract Work Pattern: FullTime Overview: Provide a complete service to the Banks Customers to a high level of administration and service. Ensure that transactions allocated are properly implemented independently controlled and diligentlymonitored. Work together with your team clients relationship managers/ marketing/account officers and otherdepartments of the Bank where necessary. Familiarize oneself with different products and process methods in accordance with policies and procedures. To provide a professional and timely response to enquiries received from internal and external customers of thedepartment. What You Will Be Doing: Core Receivable duties: Process daily administration duties under Master Receivable Financing Agreements including processingdrawdowns checking drawdown documentation and limits rate fixes discount calculations fees maturityextensions payments cancellation receipt of funds allocation of funds credit notes early repays and partpayments in accordance with agreed and documented processes and guided by experienced team members. Position and create payments in relation to Receivable Trade Finance Products within currency cut off times. Escalation of breaches red flags and other issues including nonperforming transactions to your reportingline/Head of Department/Support manager in accordance with documented processes. Any OREs to bereported to your reporting line/Head of Department/Support Manager immediately. Other: Familiarize oneself with different Banks systems. To log organize and prioritize all work received. Check Nostro and Type 25 account Reconciliations to ensure any outstanding items relating to Receivables areactioned confirm allocation of funds with Receivable clients and arrange onward payment for funds received notfinanced. Mature contracts for early repayments match late receipts and identify and chase shortfalls in payment. Update suspense spreadsheet as necessary and reconcile suspense accounts to URBIS on a monthly basis. Arrange for payments to be made in accordance with authentic instructions. Monitor / chase outstanding funds daily and diarize as necessary. Liaise with Finance for reconciliation. Populate Narratives in Corona on Status for outstanding funds daily Assist in Project work for the department Qualco Project related activities Maintain Receivables Database/Trading Platforms (if applicable) Rohirst and relevant checklists. Prepare document location forms DOCSLOCS for the safe custody of original documentation and ensure they arestored in the safe or the vault. AdHoc duties as requested by Senior Officer Head of Department/Support Manager(s). Candidate Specification : Basic knowledge of word and excel skills. It is highly desirableif the candidate has previouswork experience in a Trade Finance function. The ability to remain calm whilst under pressure from the business and clients. Accurate and methodical. Good communication and organizational skills. The ability to work independently or as part of a team. Foreign language skills are an advantage. Equal Employment Opportunity Bank ABC is committed to the principles of equal employment opportunity for all employees and applicants and in accordance with applicable laws does not discriminate on the basis of sex gender identity gender expression race color religion national origin ancestry age marital status disability medical condition sexual orientation or on any other basis prohibited by law. We welcome applications from people with disabilities and are committed to providing reasonable adjustments where necessary to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process require any reasonable adjustments or an application to Access to work please contact the recruitment lead on:

Associate Forfaiting amp Receivables Operations Fixed Term Contract employer: Bank ABC

At Bank ABC, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to employee growth is reflected in our comprehensive training programs and collaborative culture, where every team member is valued and encouraged to contribute. With a focus on equal opportunity and inclusivity, we ensure that all employees have access to the resources they need to thrive, making us a rewarding place to build your career.
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Contact Detail:

Bank ABC Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate Forfaiting amp Receivables Operations Fixed Term Contract

✨Tip Number 1

Familiarize yourself with the specific processes and products related to Receivable Trade Finance. Understanding these will not only help you in interviews but also demonstrate your proactive approach to learning about the role.

✨Tip Number 2

Network with professionals in the Trade Finance sector. Engaging with current employees or industry experts can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Prepare to discuss how you handle pressure and prioritize tasks. Given the fast-paced nature of the role, showcasing your ability to remain calm and organized under stress will set you apart from other candidates.

✨Tip Number 4

If you have foreign language skills, be ready to highlight them. This could be a significant advantage in a role that involves liaising with international clients and stakeholders.

We think you need these skills to ace Associate Forfaiting amp Receivables Operations Fixed Term Contract

Attention to Detail
Organizational Skills
Communication Skills
Time Management
Problem-Solving Skills
Ability to Work Under Pressure
Team Collaboration
Basic Knowledge of Excel and Word
Trade Finance Knowledge
Reconciliation Skills
Customer Service Orientation
Adaptability
Data Entry Accuracy
Foreign Language Skills (Desirable)

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description and understand the core responsibilities and requirements. Tailor your application to highlight relevant experiences that align with the duties mentioned.

Highlight Relevant Experience: If you have previous work experience in Trade Finance or similar roles, emphasize this in your CV and cover letter. Provide specific examples of how your skills match the job requirements.

Showcase Communication Skills: Since good communication is essential for this role, include examples in your application that demonstrate your ability to communicate effectively with clients and team members.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A well-presented application reflects your attention to detail, which is crucial for the position.

How to prepare for a job interview at Bank ABC

✨Understand the Role

Make sure you thoroughly understand the responsibilities outlined in the job description. Familiarize yourself with the core receivable duties and be prepared to discuss how your previous experience aligns with these tasks.

✨Showcase Your Organizational Skills

Since the role requires strong organizational skills, come prepared with examples of how you've successfully managed multiple tasks or projects in the past. Highlight any specific tools or methods you use to stay organized.

✨Demonstrate Communication Abilities

Effective communication is key in this position. Be ready to share instances where you effectively communicated with clients or team members, especially under pressure. This will show that you can handle the demands of the role.

✨Prepare for Technical Questions

Brush up on your knowledge of trade finance and relevant banking systems. Be prepared to answer technical questions related to receivables and demonstrate your basic knowledge of Excel and Word, as these skills are essential for the job.

Associate Forfaiting amp Receivables Operations Fixed Term Contract
Bank ABC
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  • Associate Forfaiting amp Receivables Operations Fixed Term Contract

    London
    Temporary
    36000 - 60000 £ / year (est.)

    Application deadline: 2026-12-23

  • B

    Bank ABC

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